Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$102,372.00
1.31%$3,193.94
0.65%$3.06
2.60%$236.26
0.44%$680.24
3.35%$1.00
0.00%$0.33428
2.09%$0.936711
1.89%$3,189.22
0.76%$0.246667
1.98%$24.29
1.97%$34.02
-3.08%$102,069.00
1.07%$3,800.75
0.55%$5.00
3.33%$0.404698
2.81%$0.313252
-0.92%$3.95
5.72%$0.00001911
3.35%$3,193.06
0.57%$5.95
0.46%$9.76
0.14%$115.58
1.70%$7.09
4.16%$427.26
2.68%$23.20
11.67%$0.999836
-0.10%$10.94
-1.29%$3,377.22
0.69%$30.18
13.88%$1.001
0.05%$0.00001324
0.50%$4.62
-0.20%$301.19
-0.65%$7.64
3.75%$4.50
-2.72%$8.93
3.67%$1.32
0.21%$28.31
0.76%$216.23
-1.79%$25.82
-0.14%$1.13
2.23%$0.04459186
0.87%$433.78
3.65%$0.130973
-0.29%$0.413082
-1.90%$0.12701
1.19%$6.23
-3.39%$53.63
0.86%$0.381134
3.54%$24.71
0.49%$4.67
-0.57%$1.11
-2.12%$0.645725
0.14%$5.97
1.23%$102,251.00
1.18%$28.86
-2.71%$0.743305
-1.16%$4.06
-0.61%$1.17
2.10%$0.00002661
3.90%$1.46
1.52%$6.79
-3.93%$1.16
15.92%$1.28
-0.58%$3,193.57
0.68%$1.91
2.98%$243.29
0.42%$19.14
-0.27%$1.00
-0.08%$102,239.00
1.18%$1.90
-0.86%$3,302.82
0.64%$14.56
14.45%$1.93
-5.25%$0.10968
8.29%$0.177423
1.67%$3.91
2.06%$0.712508
-1.16%$3,573.00
0.67%$1.033
0.42%$0.487748
-3.02%$3,374.67
0.96%$101.10
-2.71%$1.47
6.75%$0.315533
-1.60%$0.02427389
1.15%$2.09
-1.65%$101,343.00
0.43%$0.03057661
5.01%$0.52357
0.81%$298.18
0.82%$0.00012953
3.82%$1.24
-10.12%$0.02543616
-1.44%$0.998274
-0.13%$20.95
7.59%$1.20
3.50%$0.01845456
-22.06%$0.762815
2.02%$0.195154
0.35%$1.098
2.15%$0.300341
1.80%$1,204.23
3.43%$32.20
0.42%$1.14
4.12%$0.290026
-1.28%$100,538.00
-0.00%$1.014
0.38%$0.03125195
-12.42%$0.639273
-0.78%$0.00000102
-0.55%$48.68
-0.76%$13.52
2.42%$1.52
-0.96%$0.734898
-0.35%$255.29
0.39%$3,302.35
0.66%$13.56
1.52%$0.752067
-8.97%$0.357081
2.22%$5.45
1.90%$0.334515
2.24%$0.0162153
3.03%$2.93
5.77%$0.446706
1.45%$2.38
-6.26%$102,083.00
1.13%$680.05
3.26%$0.08293
6.05%$28.69
1.67%$1.059
13.24%$1.09
0.84%$0.708519
-1.95%$0.4134
-1.99%$0.157298
1.67%$0.99813
-0.27%$3,193.71
0.74%$3,369.85
0.67%$3,193.21
0.70%$3,188.31
0.89%$0.01252661
3.35%$0.952897
2.02%$43.12
-1.84%$0.726167
-6.66%$102,221.00
1.52%$0.00743407
7.40%$2,710.60
-1.34%$3.07
4.21%$0.069843
1.91%$3.66
2.92%$0.998589
0.06%$0.00755207
-3.85%$0.00003183
0.47%$70.94
1.16%$0.999297
-0.13%$0.249433
28.24%$2.50
-2.45%$0.215852
1.56%$2.59
1.97%$0.00142983
-0.75%$0.061596
13.88%$3.54
1.89%$13,226.77
-5.41%$1.96
0.35%$0.467697
0.08%$94,123.00
-0.64%$1.001
0.25%$2,742.24
-0.32%$214.63
-0.86%$0.077971
1.97%$28.57
4.36%$102,624.00
1.72%$0.143005
0.87%$3,468.74
0.65%$9.74
3.42%$0.564237
-2.72%$1.50
0.69%$0.01189939
-4.24%$3,176.21
0.21%$0.00636963
4.12%$0.999541
0.09%$1.089
0.93%$1.001
-0.05%$0.00000125
1.73%$0.00000048
0.10%$0.438553
-0.05%$0.467931
7.24%$0.00627231
2.64%$1.89
0.54%$0.0044961
-1.41%$101,992.00
0.84%$3,191.25
0.57%$0.526237
-5.34%$3,185.13
0.77%$1.031
0.56%$0.305742
1.10%$11.35
1.96%$0.00007755
4.02%$0.00496331
-1.66%$3,330.40
0.01%$0.937872
4.04%$0.798211
1.20%$0.061603
3.55%$3.78
4.14%$86.35
1.13%$3,444.90
0.61%$25.90
2.97%$1.00
-0.10%$0.061085
-0.12%$0.972106
1.18%$0.04950995
30.43%$1.076
3.74%$0.186236
-0.32%$0.992699
-0.44%$33.19
1.82%$3,193.22
0.77%$2.97
3.12%$1.14
0.52%$0.00870316
2.00%$18.85
1.99%$2.64
9.60%$0.00391432
11.08%$0.00436169
-1.50%$248.71
0.54%$1.076
0.57%$0.233678
6.66%$0.387713
0.58%$0.050047
-0.89%$0.00539549
4.75%$33.77
7.98%$1.001
-0.01%$0.03713434
0.93%$0.01882428
1.57%$22.34
0.70%$3.81
2.21%$3.60
-0.14%$4.56
0.68%$2,053.51
1.25%$0.00200249
0.29%$1.61
2.39%$0.414625
0.03%$3,401.92
0.49%$0.697017
-0.76%$0.00
1.12%$101,978.00
1.13%$0.224874
2.88%$3,543.44
0.66%Popular DeFi lending Aave (LEND) is booming once again today, after racking up a further 16.2% growth in the last 24 hours to reach its current value of $0.841.
Aave has been on an almost unrelenting uptrend for almost a year now, and has seen its price climb from $0.0043 a year ago, up to its all-time highest value of $0.862 earlier today. In total, this represents a gain of almost 20,000% in the last year—making LEND one of the best performing cryptocurrencies of all time.
LEND has also put on a strong performance in the short term, having gained 44.6% in the last week, 109.8% in the last fortnight, and 211.3% in the last 30 days. This growth positions Aave as the 21st largest cryptocurrency by market capitalization, with a market cap just north of $1.06 billion.
This growth appears to be a direct consequence of Aave's rapidly growing popularity as a DeFi lending platform—since the total value of cryptocurrencies locked up in the platform has multiplied more than ten-fold in the last two months. As per stats from DeFi Pulse, Aave is now the most successful DeFi platform with around $1.52 billion in cryptocurrencies locked in the protocol.
Aave isn't the only DeFi cryptocurrency to have shot through the roof this morning. Other smaller DeFi platforms including Serum (SRM) and YFII-Finance (YFII) have also gained more than 10% today. Reserve Rights Token (RSR) is up 7% since yesterday after being listed on Binance, whereas micro-cap DeFi asset OpenPredict (OPT) is up 38.6% in the last day.
Overall, there is now more than $7 billion in cryptocurrencies locked up in DeFi—a gain of more than 600% in the last 3 months. Another sign of a growing bubble.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.